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EX-99.1 - EXHIBIT 99.1 - Broad Street Realty, Inc.v467927_ex99-1.htm

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

 

Date of Report: May 25, 2017

(Date of earliest event reported)

 

Banyan Rail Services Inc.

(Exact name of registrant as specified in its charter)

 

Delaware
(State or other jurisdiction

of incorporation)

1-9043
(Commission

File Number)

36-3361229
(I.R.S. Employer

Identification No.)

 

5200 Town Center Circle, Suite 550, Boca Raton, Florida
(Address of principal executive offices)
33486
(Zip Code)

 

(561) 617-8050

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

Item 8.01Other Events.

 

On May 25, 2017, Banyan Rail Services Inc. (the “Company”) issued a press release announcing it is taking steps to strengthen its balance sheet and embark on a new strategy to pursue the acquisition of well-located medical office buildings, particularly in the sunbelt states. Further, the Company announced that it is changing its name to MedAmerica Properties Inc. to reflect this new strategy and effecting a one-for-ten reverse stock split. A copy of the press release is attached hereto as Exhibit 99.1.

 

 

Item 9.01Financial Statements and Exhibits.

 

(d)Exhibits.

 

Exhibit No.Description

 

99.1Press Release, dated May 25, 2017

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Banyan Rail Services Inc.  
     
     
  By:  /s/ Christopher J. Hubbert  
    Name: Christopher J. Hubbert
Title: Secretary
 

 

Dated: May 26, 2017